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Re: UnderOath-KY post# 276096

Wednesday, 02/06/2019 10:17:01 AM

Wednesday, February 06, 2019 10:17:01 AM

Post# of 290030
That would assume that publicly traded US MJ companies had some other source of growth besides dilution. That assumption would be wrong. The only other choice that makes your statement believable is that a start up does not have to grow and that would not only be wrong but ridiculous.

Derek's mistake was not getting on the Canadian exchange a point he acknowledge during the recent talk. He , like many of TRTC's investors, assumed MJ's legalization would be further down the road than it was last year. We were not wrong about the industry's ability or TRTC's ability, we were wrong in our politics and we are slowly correcting that mistake.

As for profit reporting, every MJ company avoids reporting profits. There is an entire new business in the accounting world of helping companies avoid the effects of IRS rule 280E. It is just beyond my comprehension why very few folks understand this elephant in the room. But some do. When that rule changes, and it will, the Q10's will better reflect the company's financials.